#FedHODL US Fed keeps rates constant, CME offers BTC Friday futures options to entice investors
The Fed halted its shift by maintaining rates at 4.25%–4.50%.
Bitcoin and the crypto market may suffer if the Fed maintains rates in the coming months.
The CME indicated it will introduce Bitcoin Friday futures options after regulatory approval.
Bitcoin (BTC) rose 3% on Wednesday as the Federal Reserve (Fed) kept interest rates at 4.25%–4.50% as expected. CME will also introduce Bitcoin Friday futures options on February 24.
Bitcoin gains 3% as Fed maintains rates constant, CME will introduce Friday futures options.
Bitcoin and the crypto market gained somewhat after Wednesday's FOMC meeting. According to market forecasts, the Fed will keep its Federal Funds Target Range (FFTR) at 4.25%–4.50%.
"In support of its goals, the Committee decided to maintain the federal funds rate target range at 4.25% to 4.5%," the central bank stated.